Question
a.
GIC was a direct insurer, underwriting various types of insurance.
b.
GIC operated as a holding/parent company of four public sector general insurance companies.
c.
GIC exclusively focused on crop insurance.
d.
GIC served as a regulatory body for the insurance industry.
Posted under IC 14 Regulations of Insurance Business
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Q. Before being notified as a National Reinsurer, what role did General Insurance Corporation of India (GIC) play in the Indian insurance market?
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